RULES AND PROCEDURES
1. Pharmaceutical Licensing Group Limited
The Pharmaceutical Licensing Group Limited (“the Company”) is the professional association for pharmaceutical and biotechnology business development and licensing executives. The Company is a non-profit making company limited by guarantee and is managed by a Committee elected by the members at the Annual General Meeting.
Copies of the Memorandum and Articles of Association of the Company plus byelaws adopted by the Committee are available on request.
2. Mission
As a professional association, the Company mission is to provide its members with a forum to meet and discuss matters of general interest, to promote best practice in the profession and to provide training and education in the field of pharmaceutical and biotechnology business development and licensing.
3. Membership
The following shall be eligible to join the Group by invitation of its Committee:
Full Membership
a) Individuals who are based in the UK and who are active in the transfer of intellectual property and technology and who are full time salaried employees of pharmaceutical or biotechnology companies operating in the UK.
b) Individuals who are based in the UK and who are full time salaried employees working in small or medium size enterprises whose business is the discovery or development of molecules or technologies which may ultimately be partnered by pharmaceutical or biotechnology companies. Part of the job description of these individuals should be concerned with licensing, technology transfer or commercial affairs.
Associate Membership
c) Individuals who have been Full Members of the Company and whose status has changed either to consultancy or part time employment.
Affiliate Membership
d) Individuals from other countries employed in licensing or technology.
4. Membership provisions
a) In paragraph 3a) and 3b) a company is defined as a business operating in the UK under the Companies Act. Where a company has divisions operating under the same company registration but clearly organising themselves into separate well defined operating entities, these shall be considered as separate companies for the purpose of membership numbers.
b) Each company shall be entitled to a maximum of 3 members. If a member changes company they must re-apply for membership. Only Full Members have the right to vote at Annual and Extraordinary Annual General Meetings.
c) Members of any class may invite up to two guests to a meeting. Acceptance of such guests will be subject to the discretion of the Committee and to availability of accommodation.
d) The Committee shall have the right to admit to membership persons who do not otherwise qualify under these membership rules but who they feel will benefit the membership of PLG.
e) The membership year runs from 1st July to 30th June.
f) The Committee shall have the right to withdraw membership from any member who is no longer eligible or who, in the Committee's opinion, is unsuitable to be a member or who has failed to attend meetings on a regular basis or who fails to pay their membership fee within 3 months of the due date. The Member shall have the right of appeal to the Annual General Meeting.
6. Committee
a) The Committee shall consist of at least 3 persons elected by Full Members either present at the Annual General Meeting or by written proxy. Not more than one person from any one Company may serve on the Committee at any one time.
b) The Committee Members shall serve for a period of 3 years. Retiring Committee members shall be eligible for re-election.
c) The Committee shall appoint the Chairman, Secretary and Treasurer following each Annual General Meeting from among the members of the Committee. The Committee shall have the power to co-opt additional members.
d) The business of the Company shall be managed by the Committee which may exercise all the powers, authorities and discretions of the Company.
e) The Committee shall meet at least 4 times per year.
f) The Committee shall present the Company accounts and reports at the Annual General Meeting.
7. Meetings
Two meetings will be held during each year, one in the spring (April/May) and one in the autumn (October/November). The Annual General Meeting will be held during the Spring Meeting and the Committee shall give all members at least 28 days notice of the date of the meeting.
8. Data Protection
A condition of membership of the Company is that each member's contact details can be disclosed to other Members of the Company and to third parties who are acting as agents of the Company and who are bound by conditions of confidentiality.
A condition of membership of the Company is that members will not disclose the Company membership list and contact details to non-members or third parties.
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